Summit Bike Club

EIN 45-4220051 • 501(c)3 • Park City, UT

Profile

To promote and educate members of all ages on safety and rules of riding on mountain trails. Also to create a healthy lifestyle through activity and competition while mountain biking.

5327 Ranch PlacePark City, UT 84098

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2020

50%

Higher net margin than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2020

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

-93%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

Down $26,122 (-100%) from 2019

Liabilities

No earlier filing loaded for comparison.

Net Assets

Up $25,935 (+100%) from 2019

Operations

Liabilities / RevenueScore unavailable Net Margin90th percentile

Revenue

Down

$15,886

Down $225,997 (-93%) from 2019

Expenses

Down

$7,886

Down $286,800 (-97%) from 2019

Net Income

$8,000

Up $60,803 (+115%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2020

Assets$0

Liabilities-

Net Assets$0

Open 2020 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2020

Revenue$15,886

Expenses$7,886

Net Income$8,000

Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $0
Liabilities: -
Net assets: $0
Revenue: $15,886
Expenses: $7,886
Net income: $8,000

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2020Detailed filing. Detailed filing data is available for this year.	$0.00		$0.00	$0.16	$0.08	$0.08
2019Detailed filing. Detailed filing data is available for this year.	$0.26	$0.52	$0.26	$2.42	$2.95	$0.53
2018Detailed filing. Detailed filing data is available for this year.	$0.55	$0.28	$0.27	$1.57	$1.71	$0.14
2017Detailed filing. Detailed filing data is available for this year.	$0.44	$0.09	$0.35	$1.58	$1.69	$0.12
2016Detailed filing. Detailed filing data is available for this year.	$0.56	$0.10	$0.47	$1.35	$1.15	$0.21
2015Summary only. Only limited summary data is available for this year.	$0.42	$0.16		$1.21	$0.94	$0.28
2014Summary only. Only limited summary data is available for this year.	$0.19	$0.21		$0.33	$0.44	$0.11
2013Summary only. Only limited summary data is available for this year.	$0.10	$0.00		$0.26	$0.18	$0.08

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jan 1, 2020 to Dec 31, 2020
Signed: Nov 15, 2021
Return Version: 2020v4.0
Gross Receipts: $33,801

Mission and Program Overview

Mission

To promote and educate members of all ages on safety and rules of riding on mountain trails. Also to create a healthy lifestyle through activity and competition while mountain biking.

Program Services

Description	Grants	Expenses
TO PROMOTE AND EDUCATE MEMBERS ON SAFETY AND RULES OF RIDING MOUNTAIN TRAILS.	-	$2,866
SEE BELOW	-	-

Compensation and Service Providers

Top Officer Pay81st percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
MICHAEL JOHN E TURNER	President	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: Summit Bike Club
EIN: 45-4220051
Phone: 8016646351
Address: 5327 RANCH PLACE, PARK CITY, UT 84098

Signing Officer

Name: Michael John E Turner
Title: President
Phone: 8016646351
Signed: 2021-11-15
Discuss with paid preparer: Yes

Preparer

Firm: Mountain Tax Inc
Address: 1821 SIDEWINDER DR STE 3, PARK CITY, UT 84060
Preparer: Bonnie B Daniloff
Phone: 4356580300

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

“Carry over losses from 2019. Adjusting entry to close out entity. Principals took over remaining debt personally.”

Form 990-ez, Part I, Line 16

“Expenses marketing 360 office expense 771 interest 2,139 insurance 490 bank charges/ paypal 474 uniforms 2,000 prize payout 32 total 6,266”

Form 990-ez, Part I, Line 20

“Offsetting losses py -25,255”

Form 990-ez, Part II, Line 24

“Accounts receivable 6,175 0 inventories for sale or use 17,905 0 8,974 3,120 less accumulated depreciation 8,974 3,120 total 24,080 0”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 8,530 0 adjusting entry 0 0”

Form 990-ez, Part III

“To promote and educate members of all ages on safety and rules of riding on mountain trails. Also to create a healthy lifestyle through activity and competition while mountain biking.”

Form 990-ez, Part III, Line 31

“To promote and educate members on safety and rules of riding mountain trails.”

Form 990-ez, Part V

“Attached is articles of dissolution from the state of utah”

Raw XML Appendix166 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/PhoneNum	0	8016646351
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	5327 RANCH PLACE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	PARK CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	UT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	84098
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	1705
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	1043
IRS990EZ/CostOfGoodsSoldAmt	0	17915
IRS990EZ/DonorAdvisedFndsInd	0	false
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IRS990EZ/ExcessOrDeficitForYearAmt	0	8000
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	930
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/FinalReturnInd	0	X
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	25785
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	0
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	4550
IRS990EZ/GrossProfitLossSlsOfInvntryAmt	0	10293
IRS990EZ/GrossReceiptsAmt	0	33801
IRS990EZ/GrossSalesOfInventoryAmt	0	28208
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	17255
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	17255
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	0
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	690
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	MICHAEL JOHN E TURNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	true
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	24080
IRS990EZ/OtherChangesInNetAssetsAmt	0	-25255
IRS990EZ/OtherExpensesTotalAmt	0	6266
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	TO PROMOTE AND EDUCATE MEMBERS OF ALL AGES ON SAFETY AND RULES OF RIDING ON MOUNTAIN TRAILS. ALSO TO CREATE A HEALTHY LIFESTYLE THROUGH ACTIVITY AND COMPETITION WHILE MOUNTAIN BIKING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	SEE BELOW
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	TO PROMOTE AND EDUCATE MEMBERS ON SAFETY AND RULES OF RIDING MOUNTAIN TRAILS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	2866
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SaleOfAssetsGrossAmt	0	4550
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	8530
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	7886
IRS990EZ/TotalProgramServiceExpensesAmt	0	2866
IRS990EZ/TotalRevenueAmt	0	15886
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	1043
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	42960
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	91535
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	87181
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	103017
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	325736
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	189727
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	52674
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	48298
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	19662
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	310361
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt	0	28208
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt	0	75437
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt	0	42450
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt	0	53880
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	199975
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	836072
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	29251
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	308124
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	186659
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	189359
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	122679
IRS990ScheduleA/Total509Grp/TotalAmt	0	836072
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	29251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	308124
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	186659
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	189359
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	122679
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	836072
IRS990ScheduleN/AssetsDistributedInd	0	false
IRS990ScheduleN/BondsOutstandingInd	0	false
IRS990ScheduleN/DirectorOfSuccessorInd	0	false
IRS990ScheduleN/EmployeeOfSuccessorInd	0	false
IRS990ScheduleN/LiabilitiesPaidInd	0	true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc	0	DISSSOLVE &PD EXPENSES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt	0	2020-11-08
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt	0	-25255
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt	0	EXPENSES
IRS990ScheduleN/OwnerOfSuccessorInd	0	false
IRS990ScheduleN/ReceiveCompensationInd	0	false
IRS990ScheduleN/RequiredToNotifyAGInd	0	true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt	0	NO ASSETS TO DISTRIBUTE. IT WAS NECESSARY TO MAKE CONTRIBUTIONS TO PAY OFF DEBT.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc	0	SCHEDULE N, PAGE 2, PART I, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	CARRY OVER LOSSES FROM 2019. ADJUSTING ENTRY TO CLOSE OUT ENTITY. PRINCIPALS TOOK OVER REMAINING DEBT PERSONALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	EXPENSES MARKETING 360 OFFICE EXPENSE 771 INTEREST 2,139 INSURANCE 490 BANK CHARGES/ PAYPAL 474 UNIFORMS 2,000 PRIZE PAYOUT 32 TOTAL 6,266
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	OFFSETTING LOSSES PY -25,255
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	ACCOUNTS RECEIVABLE 6,175 0 INVENTORIES FOR SALE OR USE 17,905 0 8,974 3,120 LESS ACCUMULATED DEPRECIATION 8,974 3,120 TOTAL 24,080 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	ACCOUNTS PAYABLE AND ACCRUED EXPENSES 8,530 0 ADJUSTING ENTRY 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	TO PROMOTE AND EDUCATE MEMBERS OF ALL AGES ON SAFETY AND RULES OF RIDING ON MOUNTAIN TRAILS. ALSO TO CREATE A HEALTHY LIFESTYLE THROUGH ACTIVITY AND COMPETITION WHILE MOUNTAIN BIKING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	TO PROMOTE AND EDUCATE MEMBERS ON SAFETY AND RULES OF RIDING MOUNTAIN TRAILS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	ATTACHED IS ARTICLES OF DISSOLUTION FROM THE STATE OF UTAH
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	FORM 990-EZ, PART III, LINE 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	FORM 990-EZ, PART V
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	MICHAEL JOHN E TURNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8016646351
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	SUMMIT BIKE CLUB
ReturnHeader/Filer/BusinessNameControlTxt	0	SUMM
ReturnHeader/Filer/EIN	0	454220051
ReturnHeader/Filer/PhoneNum	0	8016646351
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	5327 RANCH PLACE
ReturnHeader/Filer/USAddress/CityNm	0	PARK CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	UT
ReturnHeader/Filer/USAddress/ZIPCd	0	84098
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	270009934
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	MOUNTAIN TAX INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	1821 SIDEWINDER DR STE 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	PARK CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	84060
ReturnHeader/PreparerPersonGrp/PhoneNum	0	4356580300
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	BONNIE B DANILOFF
ReturnHeader/ReturnTs	0	2021-11-15T17:09:42-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	MICHAEL JOHN E
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	TURNER
ReturnHeader/TaxPeriodBeginDt	0	2020-01-01
ReturnHeader/TaxPeriodEndDt	0	2020-12-31
ReturnHeader/TaxYr	0	2020

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